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Re: coding swing highs/lows of an indicator?



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"Peter Iovanella" <ivo1@xxxxxxxxx> asks:
>Is it possible to calculate swing highs and lows for indicators?

Sure.  My favorite technique for finding "turning points" (or
pivots, or fractals, or whatever-you-want-to-call-them) is
to look for a change in the sign of the slope of the item in
question.  To be complete, you really ought to allow for some
stretch of zero slope during the change of sign.

Just note the values of the indicators and of the price at the
turning points and use that information to determine divergence. 

Jim